Turning renters into home owners

Choose the home of your dreams, and move in straight away

Find out my buying power

OWNHOME’S MISSION IS TO GET AUSTRALIANS OUT OF THE RENT TRAP, and INTO THEIR DREAM HOME SOONER

The passion OwnHome has for helping young Australians achieve financial independence and improve their wellbeing was impossible to ignore. ~ x15ventures

Ownhome VS renting & Saving

Accrue Purchase Credits
Capital gains upside
Move into your home now
Simple application process

Renting & saving

No Purchase Credits
No capital gains
Can’t move in before
saving for deposit
Complex application process
VS

RENTING & SAVING VS OWNHOME

Renting & saving

No Purchase Credits
No capital gains
Can’t move in before
saving for deposit
Complex application process
Accrue Purchase Credits
Capital gains upside
Move into your home now
Simple application process
Find out my buying power

A better way to become a homeowner

No deposit required

Don't wait years while you save $100,000's for a deposit. OwnHome will buy your home for you in OwnHome's name, but hand you the keys. We want you living in your dream home today!

Get on the property ladder

Stop throwing away money on rent. Start building Purchase Credits to put towards your purchase.

Simple monthly payments

Buying property is complex and costly. From deposits, conveyancing, agent fees and lenders mortgage insurance. We take care of all this, so you only pay a simple single monthly payment

How OwnHome Works

Want to find out more?

Check out how OwnHome works
How it Works

OwnHome vs renting

Use this simulator to see how OwnHome compares to renting and saving a 12.5% deposit over 5 years.

Growth rate

Select a growth rate for the property market

Purchase Price

Savings With OwnHome

Total benefit using OwnHome rather than
renting and saving
$100,000
Time saved to move in to your home
5 years
Disclaimer
There are many things we can do, but predicting the future is not one of them. The property market can go up and down, and past performance is not necessarily indicative of future performance.
Property growth rate source: www.Domain.com.au; UNSW Housing Study; Aussie.com.au. Based on Median Sydney house prices

OwnHome vs renting

Use this calculator to see how OwnHome compares to renting and saving a 13.5% deposit over 5 years.

Purchase price

Market Growth Rate

Market growth rate on 5-year average. EG. 5.3% p.a. over 5 years equates to 29.5% total over 5 years. Meaning a $1,000,000 property would be worth 1,295,000 after 5 years
0.0%
3.2%
2 year average
5.3%
5 year average
6.6%
10 year average
7.6%
25 year average

Savings to date

Calculate Now

What is this comparing?
The calculator is comparing what the impact is using OwnHome versus renting while saving for a deposit yourself. It compares this over a 5 year period, working towards a 12.5% deposit under each.
With OwnHome, after 5 years your purchase credits equal 12.5% of the exercise price agreed with OwnHome.
Under Rent & Save, this 12.5% deposit is saved independently, meaning you would be putting aside money that after 5 years, is worth 12.5% of the future value of that property.

What is the market growth rate?This is the rate at which Sydney property prices have grown historically. As an example, if a property is worth $1,000,000 and the market grows by 5%, then that property could potentially be worth $1,050,000 after 1 year (although the ‘market rate’ is an average, meaning individual properties can grow at different rates)
Property prices fluctuate constantly. The 25 year, 10 year, 5 year, and Year-to-date averages are historical rates of Sydney property prices, and are not forward looking projections as past performance is not an indication of future performance.

What do you mean by Days and Years?
This is referring to when you could stop renting and move into your own home. While OwnHome holds title to the property until you purchase it from us and move to a bank mortgage, you get to act and feel like a homeowner.
OwnHome makes no representation or guarantee that if you Rent & Save, you will be able to purchase a home in 5 years and is purely for informational purposes. We do not know your personal situation and so are in no way making a representation as to your future ability to obtain a mortgage under the Rent & Save scenario.

LVR
LVR stands for “Loan-to-Value-Ratio”. It refers to the size of the loan you have from the bank (ie. the Mortgage) compared to the value of the property.
As an example, if a property is worth $1,000,000 and there is a mortgage of $800,000, then the LVR is 80% ($800,000 divided by $1,000,000)
If you want to know more, see here for more information on deposits and LVR.

How do you calculate the Mortgage required?
With OwnHome, you pre-agree the price that you can purchase the home from us at. You also accrue Purchase Credits to be put towards that particular home

The median house price in Sydney grew by $103,000 in just 3 months from January to March 2021
60% of First Home Buyers receive direct support from ‘The Bank of Mum & Dad’
4.5 million Australians between 18-35 don’t own the home they live in
-
$190,000
Total financial benefit
Relative financial cost
0 days
Until you're in your own home
77% LVR
When exercising buy back from OwnHome
$1,050,000
Mortgage required in 5 years
Apply Now

Rent & Save

$0
Total financial benefit
5 years
Wait until you’re in your home
87% LVR
When purchasing a home with a bank mortgage
$1,390,000
Mortgage amount in 5 years

Heading

What is this comparing?
The calculator is comparing what the impact is using OwnHome versus renting while saving for a deposit yourself. It compares this over a 5 year period, working towards a 13.5% deposit under each.
With OwnHome, after 5 years your purchase credits equal 13.5% of the exercise price agreed with OwnHome.
Under Rent & Save, this 13.5% deposit is saved independently, meaning you would be putting aside money that after 5 years, is worth 13.5% of the future value of that property.

What is the market growth rate?
This is the rate at which Sydney property prices have grown historically. As an example, if a property is worth $1,000,000 and the market grows by 5%, then that property could potentially be worth $1,050,000 after 1 year (although the ‘market rate’ is an average, meaning individual properties can grow at different rates)
Property prices fluctuate constantly. The 50 year, 10 year, 5 year, and Year-to-date averages are historical rates of Sydney property prices, and are not forward looking projections as past performance is not an indication of future performance.

What do you mean by Days and Years?
This is referring to when you could stop renting and move into your own home. While OwnHome holds title to the property until you purchase it from us and move to a bank mortgage, you get to act and feel like a homeowner.
OwnHome makes no representation or guarantee that if you Rent & Save, you will be able to purchase a home in 5 years and is purely for informational purposes. We do not know your personal situation and so are in no way making a representation as to your future ability to obtain a mortgage under the Rent & Save scenario.

LVR
LVR stands for “Loan-to-Value-Ratio”. It refers to the size of the loan you have from the bank (ie. the Mortgage) compared to the value of the property.
As an example, if a property is worth $1,000,000 and there is a mortgage of $800,000, then the LVR is 80% ($800,000 divided by $1,000,000)
If you want to know more, see here for more information on deposits and LVR.

How do you calculate the Mortgage required?
With OwnHome, you pre-agree the price that you can purchase the home from us at. You also accrue Purchase Credits to be put towards that particular home.

You’re in great company

Hear from renters waiting to become homeowners, with OwnHome.

Becoming a doctor means many years in Medical school, so saving a deposit wasn't realistic. We also value having our own family home for our little dude to grow up in. OwnHome for the win!

— Carolyn & Sasha, recent M.D. graduates

I'm sick of the renting cycle and throwing away my hard-earned cash! OwnHome means I can move into an awesome 2 bedder and still have funds to do some renovations on the kitchen
and office (critical for the new WFH life!)

— Thomas, lawyer in Sydney

Even with very healthy income, being a single mum means that saving a deposit would take me years. OwnHome gives me the ability to speed up that process and provide the home I want for my kids and I.

— Nat, supermum

We're meticulous savers but the deposit always seems like an insurmountable Everest!
OwnHome is great for people like us who have solid pay and value building wealth in our home today.

— Nick & Mel, young professionals

You’re in great company

Hear from renters waiting to become homeowners, with OwnHome.

Carolyn and Sasha
Recent M.D. graduates

Becoming a doctor means many years in Medical school, so saving a deposit wasn't realistic. We also value having our own family home for our little dude to grow up in. OwnHome for the win!

Thomas
Lawyer in Sydney

I'm sick of the renting cycle and throwing away my hard-earned cash! OwnHome means I can move into an awesome 2 bedder and still have funds to do some renovations on the kitchen
and office (critical for the new WFH life!)

Nat
Supermum

Even with very healthy income, being a single mum means that saving a deposit would take me years. OwnHome gives me the ability to speed up that process and provide the home I want for my kids and I.

Ready to get started?

See your buying power with OwnHome

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Want to find out more?

Check out how OwnHome works
How it Works